By Humeyra Pamuk MADRID (Reuters) – An 11th hour deal that paved the way for NATO hopefuls Sweden and Finland to soon become members was the result of weeks of political wrestling across European capitals and calibrated U.S. involvement. But moments before a deal was struck, it still looked like it was going nowhere. After …
Last minute Nordic-Turkey deal took weeks of wrangling, and a U.S. nudge Read More »
By Aislinn Laing, Andrea Shalal and Robin Emmott MADRID (Reuters) – U.S. President Joe Biden pledged more American troops, warplanes and warships for Europe on Wednesday as NATO agreed the biggest strengthening of its deterrents since the Cold War in response to Russia’s invasion of Ukraine. Biden’s commitment at the Madrid summit “to defend every …
U.S. to boost military presence in Europe as NATO bolsters its eastern flank Read More »
By Kylie MacLellan and Andy Bruce LONDON (Reuters) – Britain’s heavy-handed approach to industrial relations has backfired as employees reject its “nonsense” demands for pay restraint and increasingly join unions, the head of the country’s biggest trade union umbrella group said. Frances O’Grady, general secretary of the Trades Union Congress, told Reuters that unions had …
‘Backfiring’ UK response to strikes must change, union chief urges Read More »
By Devik Jain (Reuters) – European shares fell on Wednesday, as fears about a global recession overshadowed recent optimism about China reopening after months-long lockdowns, with investors looking ahead to a meeting of major central bank heads for clues on policy outlook. The continent-wide STOXX 600 index dropped 0.9%, snapping a three-day rally following a …
European stocks fall as recession fears overshadow China reopening cheer Read More »
MUNICH (Reuters) – Despite market volatility, Volkswagen is still working toward an initial public offering (IPO) for Porsche in the fourth quarter that would give the luxury brand more freedom, the German carmaker’s finance chief said on Wednesday. “We are optimistic we can pursue this project in the fourth quarter,” Chief Financial Officer Arno Antlitz …
Volkswagen still optimistic for Q4 Porsche IPO – CFO Read More »
MUNICH (Reuters) – Volkswagen is optimistic about the second half of the year in terms of sales, its Chief Financial Officer Arno Antlitz said on Wednesday. Speaking at the Reuters Events Automotive Europe 2022 conference, Antlitz also said ramping up battery supply chains was the most challenging goal in an EU deal reached earlier on …
Volkswagen CFO: optimistic on sales for second half of the year Read More »
By Humeyra Pamuk and Anne Kauranen MADRID/HELSINKI (Reuters) -NATO ally Turkey lifted its veto over Finland and Sweden’s bid to join the Western alliance on Tuesday after the three nations agreed to protect each other’s security, ending a weeks-long drama that tested allied unity against Russia’s invasion of Ukraine. The breakthrough came after four hours …
Turkey lifts veto on Finland, Sweden joining NATO, clearing path for expansion Read More »
By Jason Buch and Julio-Cesar Chavez SAN ANTONIO (Reuters) -Fifty-one migrants died after being stuck inside a sweltering semi-trailer in San Antonio, U.S. and Mexican officials said on Tuesday, in one of the deadliest human trafficking incidents in recent history. The deceased migrants, 39 men and 12 women, were discovered on the outskirts of the …
Dozens of migrants found dead in sweltering Texas truck, more hospitalized Read More »
By Simon Lewis KREMENCHUK, Ukraine (Reuters) – War crimes investigators on Tuesday inspected the charred remains of a shopping mall devastated by a Russian missile strike as Ukraine mourned the victims of what the Ukrainian prosecutor general called “crimes against humanity”. A day after the attack in which at least 18 people were killed, the …
Ukraine mourns shopping mall attack victims, war crimes team on the scene Read More »
MADRID (Reuters) – Turkey has agreed to support Finland’s and Sweden’s bids for NATO membership, NATO Secretary-General Jens Stoltenberg said on Tuesday. “I am pleased to announce that we now have an agreement that paves the way for Finland and Sweden to join NATO,” he told reporters on the sidelines of a NATO summit in …
Turkey clears way for Finland, Sweden to join NATO – Stoltenberg Read More »
